While OMV's sustainability strategy is prominently communicated to the outside world, many promises turn out to be without real effort at second glance. Greenpeace reveals how to read the following eight sustainability promises and what really lies behind them.
A transformation of OMV is urgently needed not only from an ecological perspective, but also to secure jobs in the long term. From the Paris Agreement to the Austrian federal government's declaration to create a climate-neutral Austria in 2040, all signs point to a future without fossil fuels.
A company is led into the future by its Management. Mainly the CEO is responsible for fundamental corporate decisions and thus bears the responsibility for the future of the company and the future of the employees. So what is Rainer Seele's position on the necessary transformation of OMV towards a green future?
As an investment, OMV will become increasingly unattractive without a long-term plan to decarbonise their portfolio and exit oil and gas. This is because the fossil energy industry is undergoing a fundamental structural change and hardly a stone will be left unturned.
The task of stabilizing our climate system and thus safeguarding the basis of human life is clear: We must continuously reduce greenhouse gas emissions and bring them to zero by 2050.
The climate crisis is here and must be fought - no one disputes this fact anymore. However, opinions differ as to who bears responsibility for this global crisis and needs to take climate action.
No one wants to see the environment destroyed and the opportunity to live on a healthy planet taken from future generations. The primary responsibility for building and shaping a truly environmental-friendly world lies within the hands of companies and politicians. But sadly here we often see only empty words instead of real climate and environmental ambition.
Have you observed something like this at OMV? Have you noticed that the marketing department talks about environmental protection and in everyday business the opposite is done? Have you noticed that environmental damage is accepted if it leads to better financial results? Do you have indications that your company lobbies against climate legislation or disregards environmental protection regulations?
Don't let these things weigh on your conscience.
Get in touch with us – completely anonymous & secure – via the Greenpeace Whistleblower box!
Methane is a gas that is invisible to the naked eye and 25 times more climate-damaging than CO2. For the first time in Austria, Greenpeace has now documented the presence of suspicious methane emissions.
OMV still operates an oil field in the Barents Sea in Arctic waters. The Wisting discoveries in the Hoop oil field are located about 310 kilometers offshore and OMV is holding 25%
So-called agrofuels or biodiesel are often cited as climate-neutral or used to reduce CO2 emissions. Also OMV claims to do so, as it has been announced that 200 million euros will be invested in biofuels.
Gas continues to play an important role in Austria's energy mix. 21.8% of Austria's gross domestic energy consumption is covered by gas. Together with oil (36.7%) and coal (8.2%), the share of fossil fuels is around 67%.
